Country Report

Cigars in

Cigars and Cigarillos in Venezuela

28 pages, Aug 2016

US$990

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Executive Summary

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TRENDS

In Venezuela, the tradition of smoking cigars and cigarillos is not widespread, and cigars target mainly affluent consumers. There are affluent Venezuelans, defined as modern adults over the age of 30 – mostly professionals. This income group can afford to smoke premium cigars, and more specifically imported products. In this target group, cigar smoking is regarded as an activity that requires both time and money, being related to good living. On the other hand, there are the majority of cigar consumers, represented by those who use and smoke cigars in activities related to witchcraft, which is a common practice among the low-income segments.

COMPETITIVE LANDSCAPE

Fábrica de Tabacos Bermúdez CA remained the leader and accounted for 61% of retail volume sales in cigars and cigarillos in 2015. The company manufactures the brand Crispin Patiño, which held a 45% volume share in cigars excluding cigarillos in 2015. Different vitolas are offered under Crispin Patiño, with the most recognised being Robustos and Puritos in standard cigars, as well as Churchills and Torpedos in large cigars. Havana Cigars, which has the exclusive distribution rights for Corporación Habanos, ranked second in cigars with a retail volume share of 16% in 2015. Among the most recognised brands distributed by this company are Romeo y Julieta and Montecristo, which held a combined 16% retail volume share in cigars in 2015 and 81% of retail volume sales in cigarillos in 2015.

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Cigars and Cigarillos Market Sample Report Cigars and Cigarillos Market Sample Data

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Cigars industry in Venezuela with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Cigars industry in Venezuela, our research will save you time and money while empowering you to make informed, profitable decisions.

The Cigars in Venezuela market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Cigars in Venezuela?
What are the major brands in Venezuela?
What are the main distribution channels for cigars in Venezuela and which are performing well?
What is the proportion of hand-made versus machine manufactured cigars in Venezuela?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Tobacco market research database.

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Cigars and Cigarillos in Venezuela

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Executive Summary

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TRENDS

COMPETITIVE LANDSCAPE

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